Northern Ireland Economic Trade Statistics (NIETS) Crib Sheet

 

The Northern Ireland Economic Trade Statistics (NIETS) (formerly known as Broad Economy Sales and Exports Statistics) is an annual measure of local businesses’ trade with markets inside and outside Northern Ireland and measures both the sales and purchases of goods and services by businesses in the non-financial industry sectors.

The table below provides an overview of the latest key headline results and refers to survey year 2022.

An appropriate set of deflators to produce inflation-adjusted data does not exist. Therefore, all values are presented in current prices.

 

Sales
Purchases
Partner Transaction 2021 2022 % diff 20-21 % diff 21-22 Goods-services split 20-21 Goods-services split 21-22 Trend 2011 - now 2021 2022 % diff 20-21 % diff 21-22 Goods-services split 20-21 Goods-services split 21-22 Trend 2011 - now
ALL
All Total £78.7b £85.2b \(\Uparrow\) 16.0% \(\Uparrow\) 8.2% 100.0% 100.0% £50.4b £54.0b \(\Uparrow\) 14.4% \(\Uparrow\) 7.1% 100.0% 100.0%
All Goods £51.7b £55.6b \(\Uparrow\) 14.6% \(\Uparrow\) 7.6% 65.7% 65.3% £39.9b £43.4b \(\Uparrow\) 17.1% \(\Uparrow\) 8.8% 79.2% 80.5%
All Services £27.0b £29.5b \(\Uparrow\) 18.8% \(\Uparrow\) 9.3% 34.3% 34.7% £10.5b £10.5b \(\Uparrow\) 5.2% \(\Uparrow\) 0.7% 20.8% 19.5%
NORTHERN IRELAND
NI Total £53.3b £56.1b \(\Uparrow\) 15.8% \(\Uparrow\) 5.2% 100.0% 100.0% £29.3b £31.1b \(\Uparrow\) 23.3% \(\Uparrow\) 5.9% 100.0% 100.0%
NI Goods £34.6b £36.1b \(\Uparrow\) 15.2% \(\Uparrow\) 4.2% 64.9% 64.3% £21.4b £23.8b \(\Uparrow\) 24.0% \(\Uparrow\) 11.0% 73.1% 76.6%
NI Services £18.7b £20.1b \(\Uparrow\) 16.9% \(\Uparrow\) 7.2% 35.1% 35.7% £ 7.9b £ 7.3b \(\Uparrow\) 21.3% \(\Downarrow\) -7.7% 26.9% 23.4%
GREAT BRITAIN
GB Total £13.7b £15.7b \(\Uparrow\) 21.3% \(\Uparrow\) 15.0% 100.0% 100.0% £13.1b £13.1b \(\Downarrow\) -2.7% \(\Uparrow\) 0.5% 100.0% 100.0%
GB Goods £ 8.2b £ 9.6b \(\Uparrow\) 19.1% \(\Uparrow\) 16.9% 60.3% 61.3% £11.3b £11.0b \(\Uparrow\) 4.1% \(\Downarrow\) -2.4% 86.4% 83.9%
GB Services £ 5.4b £ 6.1b \(\Uparrow\) 24.7% \(\Uparrow\) 12.1% 39.7% 38.7% £ 1.8b £ 2.1b \(\Downarrow\) -31.3% \(\Uparrow\) 19.1% 13.6% 16.1%
IRELAND
IE Total £ 5.4b £ 6.4b \(\Uparrow\) 27.9% \(\Uparrow\) 18.1% 100.0% 100.0% £ 3.2b £ 3.5b \(\Uparrow\) 25.6% \(\Uparrow\) 11.9% 100.0% 100.0%
IE Goods £ 4.0b £ 4.6b \(\Uparrow\) 28.0% \(\Uparrow\) 14.6% 75.0% 72.8% £ 2.8b £ 3.0b \(\Uparrow\) 29.4% \(\Uparrow\) 4.8% 89.7% 84.0%
IE Services £ 1.3b £ 1.7b \(\Uparrow\) 27.8% \(\Uparrow\) 28.7% 25.0% 27.2% £ 0.3b £ 0.6b \(\Uparrow\) 0.1% \(\Uparrow\) 73.8% 10.3% 16.0%
REST OF EU
REU Total £ 2.7b £ 2.7b \(\Uparrow\) 20.2% \(\Uparrow\) 2.0% 100.0% 100.0% £ 2.3b £ 2.4b \(\Uparrow\) 5.4% \(\Uparrow\) 8.0% 100.0% 100.0%
REU Goods £ 2.2b £ 2.3b \(\Uparrow\) 17.2% \(\Uparrow\) 5.1% 80.9% 83.4% £ 2.0b £ 2.2b \(\Uparrow\) 7.9% \(\Uparrow\) 8.3% 90.6% 90.8%
REU Services £ 0.5b £ 0.5b \(\Uparrow\) 34.8% \(\Downarrow\) -11.1% 19.1% 16.6% £ 0.2b £ 0.2b \(\Downarrow\) -13.7% \(\Uparrow\) 5.4% 9.4% 9.2%
REST OF WORLD
ROW Total £ 3.6b £ 4.2b \(\Downarrow\) -10.6% \(\Uparrow\) 16.1% 100.0% 100.0% £ 2.6b £ 3.8b \(\Uparrow\) 18.8% \(\Uparrow\) 46.2% 100.0% 100.0%
ROW Goods £ 2.6b £ 3.0b \(\Downarrow\) -16.3% \(\Uparrow\) 15.7% 71.6% 71.3% £ 2.3b £ 3.5b \(\Uparrow\) 23.0% \(\Uparrow\) 47.1% 90.5% 91.0%
ROW Services £ 1.0b £ 1.2b \(\Uparrow\) 7.7% \(\Uparrow\) 17.3% 28.4% 28.7% £ 0.2b £ 0.3b \(\Downarrow\) -10.3% \(\Uparrow\) 37.5% 9.5% 9.0%
EXTERNAL (Outside NI)
External Total £25.4b £29.0b \(\Uparrow\) 16.5% \(\Uparrow\) 14.4% 100.0% 100.0% £21.1b £22.9b \(\Uparrow\) 4.0% \(\Uparrow\) 8.7% 100.0% 100.0%
External Goods £17.1b £19.6b \(\Uparrow\) 13.4% \(\Uparrow\) 14.7% 67.2% 67.4% £18.5b £19.6b \(\Uparrow\) 9.9% \(\Uparrow\) 6.2% 87.8% 85.8%
External Services £ 8.3b £ 9.5b \(\Uparrow\) 23.3% \(\Uparrow\) 14.0% 32.8% 32.6% £ 2.6b £ 3.2b \(\Downarrow\) -25.4% \(\Uparrow\) 26.7% 12.2% 14.2%
OUTSIDE UK (Exports or Imports)
Outside UK Total £11.7b £13.3b \(\Uparrow\) 11.4% \(\Uparrow\) 13.8% 100.0% 100.0% £ 8.0b £ 9.8b \(\Uparrow\) 17.1% \(\Uparrow\) 21.9% 100.0% 100.0%
Outside UK Goods £ 8.8b £ 9.9b \(\Uparrow\) 8.6% \(\Uparrow\) 12.5% 75.3% 74.5% £ 7.2b £ 8.6b \(\Uparrow\) 20.5% \(\Uparrow\) 19.5% 90.2% 88.5%
Outside UK Services £ 2.9b £ 3.4b \(\Uparrow\) 20.8% \(\Uparrow\) 17.6% 24.7% 25.5% £ 0.8b £ 1.1b \(\Downarrow\) -7.3% \(\Uparrow\) 43.8% 9.8% 11.5%